Wednesday, January 19, 2011

OSK gets nod for due diligence of Thailand's BFIT Securities plc

KUALA LUMPUR: OSK Investment Bank Bhd (OSKIB), which is seeking opportunities to expand into Thailand, has received the go-ahead from the potential securities company for a due diligence to be carried out.

OSKIB said on Wednesday, Jan 19 it had received the approval from BFIT Securities Public Company Ltd on Tuesday for OSKIB to undertake a due diligence review.

It added the exercise was prior to commencing negotiations for the prospective acquisition.




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